Wajax Confirms 2026 Layoffs, Reports $4.1M In Restructuring Costs

Wajax Corporation confirmed on November 2, 2026, that it reduced its workforce during the third quarter, recording $4.1 million in restructuring and related costs, primarily severance and separation benefits.

The Canadian industrial equipment and services company said the job cuts were part of a regular review of its cost structure. The layoffs occurred between July and September 2026.

Wajax hasn’t disclosed how many employees lost their jobs or which Canadian locations were affected.

The company reported quarterly revenue of $477.8 million, down 1.1% from the same period last year. It also announced organizational changes through its 2027 Strategy Roadmap, although no further layoffs tied to that plan have been confirmed.

Wajax confirmed the reductions in its November 2 financial results.

What Are Laid-Off Wajax Employees Owed?

Non-unionized Wajax employees in Ontario, Alberta and BC terminated without cause can receive up to 24 months’ compensation. Their severance should account for their years of service, position and full compensation.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.